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November 23, 2009

Arena bonds authorization coming Tuesday: questions about transparency, PILOTs, and infrastructure spending remain

Atlantic Yards Report

Norman Oder explains how the State of NY will approve the triple tax-free arena bonds on Tuesday, without releasing deatils beforehand and allowing for a public hearing and comment, and how various City and State agencies will have to fudge property tax estimates in order to save Bruce Ratner's as much money as possible.

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Posted by lumi at November 23, 2009 5:20 AM